Public Mint Bridges Crypto and Fiat Currency With Synthetic Tokens

Published 03/23/2021, 04:42 AM
Updated 03/23/2021, 05:02 AM
Public Mint Bridges Crypto and Fiat Currency With Synthetic Tokens

  • Public Mint’s Earn program set to launch next quarter.
  • Users can begin earning in US Dollar-backed tokens.
  • Native token MINT will run governance on the Public Mint blockchain.

Users on the Public Mint Blockchain will be able to start earning US dollar-backed tokens next quarter. Additionally, Public Mint is introducing synthetic tokens backed by fiat currencies. Using this, users can begin earning through high rates of return.

Likewise, this feature will be achieved through the Earn application. It will be one of the first applications to run on the Public Mint blockchain. Hence, by using US dollar-backed tokens, the platform offers its users a stable currency. This currency will be immune to the wild fluctuations in value faced by crypto.

Moreover, Publ.....This article first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.